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14 Dec My aunt has an annuity. What happens to the money if she dies?

Posted at 05:01h in Ask NJMoneyHelp, Estate Planning, Insurance, Real Estate

Different types of annuities have varying payout options for beneficiaries....

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12 Dec Do my children owe tax if I gift houses to them?

Posted at 05:01h in Ask NJMoneyHelp, Estate Planning, Real Estate

It's important to understand how the gift tax works....

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06 Dec My income is $125K. Do I qualify for the ANCHOR property tax break?

Posted at 05:01h in Ask NJMoneyHelp, Real Estate, Taxes

The ANCHOR program replaces the Homestead Rebate and includes more residents....

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05 Dec I’m a homeowner. How do I shop for a reverse mortgage?

Posted at 05:01h in Ask NJMoneyHelp, Credit, Real Estate, Retirement

Before you take a reverse mortgage, make sure it suits your goals. ...

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02 Dec If we sell property in Dominican Republic, do we owe U.S. tax?

Posted at 05:01h in Ask NJMoneyHelp, Real Estate, Taxes

You can take steps so you're not double taxed on a sale....

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01 Dec I own my home with my sister. Can we both get ANCHOR tax breaks?

Posted at 05:01h in Ask NJMoneyHelp, Real Estate, Taxes

The new ANCHOR property tax break offers savings to more people. ...

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29 Nov My ex inherited a house. Can this lower my alimony payments?

Posted at 05:01h in Ask NJMoneyHelp, Real Estate, Retirement

Several items come into play when it comes to calculating alimony....

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25 Nov Can Medicaid recover money from this home sale?

Posted at 05:01h in Ask NJMoneyHelp, Real Estate, Taxes

Under certain circumstances. Medicaid must recover funds from beneficiaries....

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24 Nov We’re selling our home and leaving N.J. What about taxes?

Posted at 05:01h in Ask NJMoneyHelp, Real Estate, Taxes

If you leave the state, New Jersey will treat you like a nonresident. ...

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18 Nov I don’t have receipts for home improvements. What will the IRS say?

Posted at 05:01h in Ask NJMoneyHelp, Real Estate, Taxes

There are ways to recover cost estimates in case the IRS asks questions. ...

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